As Hong Kong is hopefully entering the post-pandemic era, with the government loosening incoming customs clearance and quarantine requirements, and companies removing work-from-home arrangements, it is becoming more important to prepare for a rebound in in-store shopper traffic. Retail flagship stores will serve as a tool to reconnect with customers and build closer relationships.
In addition to lululemon, other sports retail lines such as Under Armour, a premium sportswear brand, have been expanding in Hong Kong. Under Armour opened its first two-storey flagship store in Central during May 2022, with an area of more than 5,300 square feet.
Farfetch, an online global technology platform for luxury fashion, supplying over 1,000 designer brands worldwide through its successful e-commerce model, has seen rapid sales growth in Hong Kong. Due to the pandemic, Hong Kong consumers shifted to online channels for shopping.
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Understand the latest market trends and future growth opportunities for the Apparel and Footwear Specialists industry in Hong Kong, China with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Apparel and Footwear Specialists industry in Hong Kong, China, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Apparel and footwear specialists are chained or independent retail outlets with a primary focus on selling one or more of the following categories: clothing, footwear, and/or fashion accessories (costume jewellery, sunglasses, belts, hats, gloves, handbags, scarves, etc.). Apparel specialists include specialty apparel like wedding dress shops. Example brands include Primark, TJ Maxx, and Zara. Sportswear retailers, such as Adidas and Nike, are excluded from this channel and are included in Sports Goods Stores; this is due to the companies considering themselves sports companies as opposed to apparel companies.
See All of Our DefinitionsThis report originates from Passport, our Apparel and Footwear Specialists research and analysis database.
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